Cartier Resources Inc. announces that a line cutting and channel sampling program were recently completed and that a ground geophysical survey is in progress on the 100% owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada. The Fenton deposit contains a historical resource1 estimate of 426,173 tonnes grading 4.66 g/t Au corresponding to 63,885 oz Au . Some of the deposit's historic intersections [...]
Cartier Resources announces the results of Abitibi Geophysique Inc.'s InfiniTEM? XL geophysical survey and subsequent drilling on the Benoist property, located 65 km northeast of Lebel-sur-Qu?villon, Quebec, Canada. The programs aimed to further develop the potential of the project following the results of the first NI 43-101 resource estimate1, published on Jan 29, 2021. 1: Cartier files on SEDAR the NI43-101 technical [...]
VAL-D'OR, Quebec, Nov. 19, 2021 -- The Cree First Nation of Waswanipi and Cartier Resources Inc. have entered into a Mineral Exploration Agreement to facilitate the exploration of the Fenton project. The MEA puts in place a framework for CFNW and Cartier to work together before, during and after the prospection and exploration activities within the CFNW traditional territory. "Almost one year after the signing of the MEA [...]
Cartier Resources Inc. is pleased to announce that it has awarded to InnovExplo Inc. which will work in collaboration with the firm PRB Mining Services Inc., the mandate to prepare a Preliminary Economic Assessment in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its 100% owned Chimo Mine Project situated along the Cadillac-Larder Lake Fault, 45 km east of Val-d'Or. "We are [...]
Cartier Resources Inc. is pleased to report that Hawkmoon will commence drilling of the Wilson property. Hawkmoon plans to drill 29 holes for approximately 5,000 metres this summer on Wilson. The property is located 15 km east of the Municipality of Lebel-sur-Qu?villon and is currently under an option agreement with Hawkmoon Resources Corp. whereby Hawkmoon may acquire 100% of its interests of the Wilson property. On July [...]
Cartier Resources Inc. announces the execution of an option agreement with Delta Resources Ltd. to option 100% of its interests in its Dollier property located 30 km south of the Municipality of Chibougamau. On May 28, 2021, the TSX Venture Exchange has accepted the documentation pertaining to the Agreement and has issued to Delta a final bulletin. During the four-year option period, Delta shall have the sole and [...]
Cartier Resources Inc. announces that at its annual general meeting held on May 27th, 2021 the following persons were elected as directors of Cartier: Name Votes for % For Michel Bouchard 106,304,221 100 Philippe Cloutier 106,304,221 100 Mario Jacob 98,795,721 92.94 Jean-Yves Lalibert? 106,304,221 100 Daniel Mass? 98,790,721 92.93 The stock option plan of the Company as described in the Management Information Circular was [...]
Highlights of the Chimo Mine property: The new resource estimate consists of : 6,616,000 tonnes at an average grade of 3.21 g/t Au for a total of 684,000 ounces of gold in the Indicated category and ; 15,240,000 tonnes at an average grade of 2.77 g/t Au for a total of 1,358,000 ounces of gold in the Inferred category. The resource estimate is constrained using DSO with a cut-off grade of 2.0 g/t Au for the North and South [...]
Cartier Resources Inc. announces the execution of an option agreement with Hawkmoon Resources Corp. to option 100% of its interests in its Wilson property located 15 km east of the Municipality of Lebel-sur-Qu?villon. During the five-year option period, Hawkmoon shall have the sole and exclusive right and option to earn a 100% interest by paying Cartier an amount aggregating $1,000,000 in cash, issuing in favour of [...]
Following its press release of February 23, 2021, Cartier Resources Inc. announces the execution of a definitive agreements with SOQUEM Inc. in connection with the acquisition by Cartier of all the rights and interests of SOQUEM in a group of 14 mining claims located 50 km southwest of Chapais in consideration for a purchase price of $700,000 payable as follows: an amount of $300,000 in cash and the issuance of 1,261,431 [...]
Highlights: The industrial sorting tests of mineralisation representative of the Chimo Mine project produced a concentrate representing by mass a bit more than 50 % of the original mass of the material with a percentage increase of 170 % of the gold content compared to the feed of the sorter; The sorting tests carried out by Corem and by Steinert US are comparable and these result in positive conclusions which bode well [...]
Highlights: The new resource estimate consists of : 6,616,000 tonnes at an average grade of 3.21 g/t Au for a total of 684,000 ounces of gold in the Indicated category and; 15,240,000 tonnes at an average grade of 2.77 g/t Au for a total of 1,358,000 ounces of gold in the Inferred category. The resource estimate is constrained using DSO " Deswik Stope Optimizer " with a cut-off grade of 2.0 g/t Au for the North and South [...]